Diamandis, Panayiotis F.; Drakos, Anastassios A. - In: Journal of Policy Modeling 33 (2011) 3, pp. 381-394
This paper provides an analysis of the long-run relationships and short-run dynamics between stock prices and exchange rates as well as the channels through which exogenous shocks influence these markets. We use monthly data for the period January 1980 to February 2009 for four Latin America,...